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Questions Bank (1492739 total)

If in the foreign exchange market: one Canadian dollar buys $0.80 U.S or 9 South African rand, how many U.S. dollars will one rand buy?

If today's exchange rate in the New York market is 74 U.S. cents per Canadian dollar and 75 U.S. cents per Canadian dollar in the Toronto market, what transactions will traders take?

Traders will buy Canadian dollars in Toronto and sell them in New York and make a profit.

Traders will be indifferent between trading in these two markets.

U.S. traders prefer to use the New York market whereas Canadian traders prefer to use the Toronto market.

Traders will sell Canadian dollars in Toronto and buy them in New York and make a profit.

Traders will sell Canadian dollars in Toronto and buy them in New York and the exchange rate in New York falls.

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A chemical plant installs new ventilation systems to reduce toxic gas levels in workspaces. However, employee exposure still exceeds acceptable limits during specific tasks. What additional control measure would best address this issue?

Conducting a training session on safe chemical handling

Increasing work shifts to reduce individual exposure time

Implementing a biological monitoring program

Use of respirators and personal protective equipment (PPE)

100%

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An audit finds that an OSHMS lacks employee feedback integration. Which essential element of OSHMS is being neglected?

Planning and implementation

Communication and participation

Risk assessment

Senior management involvement

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An incident occurs where a solvent spills and vapors rapidly accumulate in a poorly ventilated workspace. What should be prioritized before re-entry?

Ensuring proper PPE is worn

Purging the area with fresh air

Issuing respirators to workers

Performing air quality tests after cleanup

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Identify the CORRECT type of non-destructive testing for pressure vessel based on the following description:

"The test will be conducted by visually check for sign of corrosion, erosion or hydrogen blistering"

Liquid penetration test

Visual examination

Magnetic particle test

Radiography test

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The process at furniture manufacturer can poses significant fire hazard. Identify the the potential of fire classification for the process.

Class C

Class A

Class B

100%

Class D

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Identify the CORRECT strategies to control and prevent heat stress

i. Engineering controls

ii. Employee education

iii. Alternating work and rest periods

iv. Following fire regulations

i and ii

i, ii, iii and iv

i, ii and iii

i and iv

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Which of the following statements defines an exchange rate?

The relative price of Canadian-produced goods and services to foreign-produced goods and services.

The price of foreign imports.

The country's ratio of imports to exports.

The rate at which foreign currency appreciates.

The price at which one currency exchanges for another currency.

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Today's interest rates are 3 percent in Japan and 6 percent in Canada. The current exchange rate is 110 Japanese yen per dollar, and it is generally expected that in one year the exchange rate will be 106.7 yen per dollar. If new information changes everyone's expectations, and the exchange rate in one year is now expected be 110 yen per dollar, which of the following outcomes occurs today?

The demand for Canadian dollars increases.

Traders will borrow in Canada and lend in Japan.

Both A and B occur.

The supply of Canadian dollars decreases.

The demand for Canadian dollars decreases.

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